-- The stakes are high as two of the biggest artificial intelligence players prepare to unveil results, a day after Meta Platforms Inc. alarmed investors with its forecast.Taylor Swift Is Proof That How We Critique Music Is Broken
Microsoft has been aggressive in implementing its Copilot AI assistant into its products, including Office and its GitHub coding platform. Last quarter, AI demand fueled growth in its Azure cloud-services business, and investors will want to see a repeat performance on that front. It is expected to deliver growth above 15% on both the top and bottom lines this time.
“It’s possible prices have gotten ahead of themselves, but we’re very likely to get good earnings out of both companies,” said David Miller, chief investment officer at Catalyst Capital Advisors. “Interest rates are acting as something of a headwind, but I think the underlying tailwinds are strong enough to stay positive.”Meta’s disappointing earnings report has put technology investors on edge, spooked by its weaker-than-expected sales forecast and higher capital expenditures.
The Democratic Republic of Congo’s government notified Apple Inc. of concerns that the company’s supply chain may be tainted by conflict minerals sourced from the central African nation.Studio Behind Dune Eyes Growth, Even Without a Paramount MergerTD Stock: Why I Reversed Course
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